Job closed
Ref: HP698-10179
Job description / Role
Al-Futtaim is regarded as a pioneer in the Gulf region's Automotive industry and encompasses every aspect of the Automotive business; from passenger and commercial vehicles and construction equipment sales and service, to used car sales and rental and leasing.
Al Futtaim Auto Center (ALAC) is part of the Al Futtaim's Automotive Division. ALAC has six divisions comprising of Body Centers Toyota & Lexus within UAE, Fast Repair, Customs & Classics, Auto Equip, Tyre Zone and Fastfit. ALAC offers end to end solutions in aftersales for both business to business & retail customers.
We are currently looking to recruit a Financial Analyst to be based in our Dubai office. Reporting to the Business Unit Finance Manager (BUFM), you will be responsible for providing analytical, commercial and informational support to the business and hence contribute to performance review, operational decision making and improvement plans in meeting the company's profitability and financial objectives.
Specific Tasks to be carried out include:
- Supporting BUFM in the preparation of annual plans and periodical reviews
- Support and advise BUFM in Project evaluation and recommendations.
- Help the business prepare detailed feasibility reports and projections and recommend the same based on AFM guidelines.
- Help the business in putting together market entry strategies as we move overseas.
- Preparing monthly management reports and reports for management board
- Preparing Divisional and Retail KPI and composites
- Supporting BUFM in Divisional Performance Review and Variance analysis
- Co-ordinate and support Automotive Finance Shared Service (AFSS) team in GL review and accounting related issues
- Review and advise BUFM in Inventory and Order planning by analysing historical data and validating underlying assumptions
- Review and Monitor Divisional / Branch level overdue and follow-up with the Divisional team for corrective actions
- Provide analytical support to BUFM in evaluating Divisional inbound and outbound pricing strategies
- Support review of procurement process / analysis and control
- Advice and support BUFM / AFSS and business units in system and process development for new initiatives and existing process improvements
- Develop and Design Information Queries in SAP BW to support Business team.
Requirements
- An MBA Finance or Chartered Accountancy degree is a must.
- A commercially focused individual.
- Expert accounting knowledge
- 4 years similar experience, with good knowledge of SAP systems is a plus.
- Knowledge of SAP-BW will be an advantage
- Analytical and process oriented
- Well organized with excellent communication skills
- Should possess good knowledge of MS Excel
- Ability to manage large databases warehousing tools
- Self starter and a strong team player
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.